Capelli, I have no knowledge about EAs Many times, I have added an EA to a demo account just out of interest. I have always followed the instructions exactly, or at least I think so. Over the last 2 or 3 years I have probably tried 20 different EAs ...

Problem with EA not working

Well as I have very limited experience and knowledge about trading options and have found it difficult to make money. it does make sense to consider selling calls and puts

Any Option Traders?

I have difficulty understanding your post Do you actually mean to say that in a sample of 50,000 trades, statistically you are likely to have 1 streak of 16 consecutive losing trades? Did you mean to ask "How big a losing streak can your system ...

Intraday setups with Weekly TF

I guess that Slamdunk's account has suffered from margin calls and the broker has closed positions for him, otherwise he would have totally blown his account. When the massive drawdown started, he posted in his other thread that he had somehow ...

Lessons in directional probability and risk management

The only way that luck can have any influence over your trading is if you are simply entering random trades or doing something like flipping a coin to decide which way to go. Skill involves recognising a strategy that gives you an edge over the ...

Need luck or skill for trading?

I think that with most brokers, value of 1 lot is 100 ounces, so a trader should always check as they could be risking 100 times more than they realise.

XAU/USD, what's the cost of a trade?

I noticed that I made an error in my previous post It should, of course, have been If price moves up to 1.3300. With my minimal experience with options on a demo account, it is not as easy as you may imagine. Problem with the Saxo demo account is ...

Any Option Traders?

You didn't explain how to change the pair code.

InsomiaFX Correlation Double Hedge EA

Hi again I have a few exit strategies, depending on the situation. My main strategy is to set a SL at S/R when opening a trade without a TP I will move SL to BE quite quickly if price appears to be stalling As new likely S/R levels appear, I will ...

What's the best way to close these winning trades?

Yes, but if you close the correlated pair that is in profit, what remains is net exposure to AUDCAD If AUDCAD continues in the same direction you would soon be losing heavily. If you simply trade Pair 1 (Order 1A & 1B), you again have net exposure ...

InsomiaFX Correlation Double Hedge EA

Double hedge? Am I missing something here? Long AUDJPY Short AUDJPY Long CADJPY Short CADJPY How is it possible to make profit from 2 opposite positions? If AUDJPY rises by x pips, then the long position will make x pips profit, but the short ...

InsomiaFX Correlation Double Hedge EA

IMHO the decision process of where to exit a trade is much more difficult than with entries. Rarely, if ever, will you manage to exit at the optimum point. At the moment, you are sitting with unrealised profits, how painful would it be if price ...

What's the best way to close these winning trades?

Please define "measurement analysis" I have never heard of it.

Measuring the Markets – Ideas

What does that mean? The trend is form???

Let's make a big bucks, short aud until it dead - 0.6???

Are you talking about when you subscribe to a service with a copier that allows you to copy their trades directly to your account? The catch is that the service that you subscribe to earns commission when it is winning, but the subscriber carries ...

How does copy trading go wrong? Where is the catch?

Gold M15 What I am seeing is a period of ranging, there was a break-out below the range earlier that proved to be a fakey. Now we have had a break-out of the top of the range with a strong bullish candle followed by a weak bullish candle with a long ...

Trading Gold with PA

I guess that your trade will lose if it continues to your stop Only my opinion, but I think that you would be hard put to identify a trend on the NZDUSD on the hourly chart at the moment. It's been ranging for 2 days

Pip Guru Trendline (PGT) System

Hang on, in post#1 you are drawing your rectangle from the open and close. Now you are using the high and low???

Daily and H4 engulfing price action

There is always some confusion, especially as you say when the bar's open is the same as the previous bar's close. Maybe it would be best to describe it as A bullish bar following a bearish bar - close is higher than the previous bar's open or A ...

Daily and H4 engulfing price action

The problem with my step son is that he needs a huge kick up the ar** I try to give him that kick. The problem is that his Mother will keep giving in and giving him money. She doesn't realise that she is not doing him any favours. He needs to learn ...

Trading and Family Conflicts